Khanh Hoa Customs announce information of 12 enterprises owing over VND65 billion of tax

Khanh Hoa Customs announce information of 12 enterprises owing over VND65 billion of tax

According to Khanh Hoa Customs Department, through checking and review until March 31, 2024 at the unit, there is 12 enterprises and one individual owing tax debt of over VND65 billion.
Urging issuance of e-invoices in petroleum retail

Urging issuance of e-invoices in petroleum retail

VCN - The Government, the Prime Minister, the Ministry of Finance and other agencies have issued many instructions to implement electronic invoices on every sale at petroleum retail stores. Besides the achieved results, this work still has difficulties. T
The Prime Minister instructed state-owned enterprises to exceed assigned business targets

The Prime Minister instructed state-owned enterprises to exceed assigned business targets

VCN - Prime Minister Pham Minh Chinh has just signed Directive 07/CT-TTg on innovating governance, improving production and business efficiency and strongly promoting investment and development of corporations and state-owned enterprises (SOEs).
6,144 retail petroleum stores issue invoices after each sale

6,144 retail petroleum stores issue invoices after each sale

VCN - According to the latest statistics of the General Department of Taxation, as of February 1, 2024, the country has 6,144 retail petroleum stores issuing electronic invoices after each sale.
Owing trillions VND in tax, many petroleum businesses coerced

Owing trillions VND in tax, many petroleum businesses coerced

VCN - Many petroleum businesses owe trillions VND in tax and have been coerced by management agencies under the Law on Tax Administration.
Ministry of Finance proposed to abolish regulations on reviewing and making statistics of petroleum operating costs

Ministry of Finance proposed to abolish regulations on reviewing and making statistics of petroleum operating costs

The Ministry of Finance sent a document to the Government on the review and adjustment of the standard operating costs in the base price of petroleum.
Saigon port area 3 Customs improves the coordination efficiency of importing and exporting petroleum

Saigon port area 3 Customs improves the coordination efficiency of importing and exporting petroleum

Saigon port area 3 Customs Branch (HCMC Customs Department) worked with Petroleum Company Zone II (Petrolimex Saigon) to improve the coordination efficiency of importing and exporting petroleum.
Quang Ninh Customs: imports of petroleum and coal increased leading to the prospect of revenue collection

Quang Ninh Customs: imports of petroleum and coal increased leading to the prospect of revenue collection

Revenues from key imported products such as gasoline and coal are a good sign in revenue collection of Quang Ninh Customs Department in the first months of 2023.
Creating a healthy and competitive environment for petroleum business

Creating a healthy and competitive environment for petroleum business

VCN - Talking to Customs News, Prof. Dr. Nguyen Thuong Lang, Institute of International Trade and Economics, National Economics University, said that it should have solutions to increase competitiveness in the petroleum business, but it was not possible t
Proposing to increase competition in the petroleum trading market

Proposing to increase competition in the petroleum trading market

VCN - In the draft Decree, the Ministry of Industry and Trade gave two options, not allowing (option one) and allowing (option two) petrol and oil retail stores to get goods from different sources.
Be careful when changing fuel pricing formula

Be careful when changing fuel pricing formula

VCN – Petroleum is an important and essential commodity for the economy, society, and people's lives, so the Ministry of Finance suggested that the Ministry of Industry and Trade conduct a detailed review to identify the best timing and roadmap for changi
Removing obstacles in petroleum management

Removing obstacles in petroleum management

VCN - Many experts believe that to remove obstacles in petroleum management, it is necessary to focus on managing this commodity at one focal point, the Ministry of Industry and Trade. This will avoid overlaps, creating more initiative in operating work.
Quang Ninh Customs achieves prosperity through increased revenue from imported petroleum and coal

Quang Ninh Customs achieves prosperity through increased revenue from imported petroleum and coal

VCN - Speaking to Customs News, Deputy Director of Quang Ninh Customs Department Trinh Vna Nhuan said the department is assigned a revenue target of VND10,000 billion in 2022.
Proposal to adjust tax rate of imported raw material for producing petroleum

Proposal to adjust tax rate of imported raw material for producing petroleum

The Ministry of Finance has proposed to amend tax rates for a number of items to stabilize the market and stabilize the source of domestically produced raw materials for oil products.
MoIT works with central bank to support petroleum enterprises

MoIT works with central bank to support petroleum enterprises

The Ministry of Industry and Trade (MoIT) will coordinate with the State Bank of Vietnam to remove difficulties for petroleum enterprises in accessing credit guarantee funds in a bid to prevent disruption in the domestic market.
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